A unified systems perspective of family firm performance

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Entrepreneurial families and family firms (2010, background): “Ownership transition and chief executive officer (CEO) succession are among the biggest challenges for family firms in many parts of the world. Prisciotta and Weber (2005) estimate that the transfer of wealth within the US family businesses over the next 20 years is worth $4.”
Family Involvement in the Firm, Family‐to‐Business Support, and Entrepreneurial Outcomes: An Exploration** (2017, background): “Family firms are characterized by the dual existence of family and business systems, which can result in a unique bundle of resources and capabilities (Habbershon, Williams, and MacMillan 2003).”
Portfolio Entrepreneurship in Family Firms: A Resource-based Perspective (2011, methodology): “Reputation can be regarded as a unique family-infl uenced resource with numerous benefi ts at the fi rm level (Habbershon et al., 2003; Pearson et al., 2008).”
Enterprising Families Domain: Family-Influenced Ownership Groups in Pursuit of Transgenerational Wealth (2002, background): “Habbershon, Williams, and MacMillan (2003) have created a performance model for family-influenced wealth creation.”